An undated handout image of the Pretirement app home screen, showing a countdown clock to retirement. If you knew that buying a daily $4 cup of coffee would delay your retirement and make you work exactly four months, 17 days and 9 hours longer, would that fin... More »
FILE PHOTO – Conservationist and primatologist Jane Goodall speaks during a news conference at the National Geographic summit in Lisbon, Portugal May 25, 2017. REUTERS/Rafael Marchante While top scientists may be deploying their brainpower on critical projects... More »
Charles Cohen president and CEO of Cohen Brothers Realty. Marion Curtis/StarPix courtesy Charles Cohen/Handout via REUTERS Next time you are in Manhattan, take a look around, and you will see the fingerprints of Charles Cohen pretty much everywhere. More »
A woman walks on Broad St. past the New York Stock Exchange during the morning commute April 30, 2014. REUTERS/Brendan McDermid When it comes to industries, Wall Street is about as male-dominated as they come. So many people just assume that men are better inv... More »
Retirees play poker at a singles club in Sun City, Arizona, January 4, 2013. REUTERS/Lucy Nicholson Leaving your job soon and rolling over a 401(k) into an IRA? Thinking about buying an annuity? About to call your money manager and allocate this year’s Roth co... More »
FILE PHOTO: Tourists enjoy a boat trip on the Seine river past the Eiffel Tower on a sunny spring day in Paris, France, May 8, 2016. REUTERS/Jacky Naegelen Spending half the year in the French countryside seems like a luxurious goal, but Deborah Jacobs, author... More »
FILE PHOTO: A couple acts out a martial-arts move for a friend’s camera (not pictured) as they wait to welcome the first sunrise of 2015 on Sydney’s Bondi beach at dawn, January 1, 2015. REUTERS/Jason Reed What makes couples want to split after decades of marr... More »
A man plays a video game with the Oculus Rift VR headset at the E3 Electronic Expo in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson Everyone has chuckled about millennial generation stereotypes: slackers hanging out in their parents’ base... More »
Travelers these days take it for granted that they can journey to remote places like Antarctica or the Galapagos, but it was one family, the Lindblads, that helped make that even possible. More »
Dental hygienist Randy Honeycutt’s $65,000 student loan balance has ballooned to more than $200,000 because of back interest and default fees, a cautionary tale about the perils of defaulting. More »
A worker counts U.S. dollar bills, which are being exchanged for Philippine Pesos, inside a money changer in Manila April 1, 2013. REUTERS/Romeo Ranoco A Health Savings Account is supposed to stay with you for life, but if you do not use it, you could lose act... More »
Annie Duke competes in a $10,000 buy-in, no limit Texas Hold ‘Em event at the World Series of Poker in 2005. REUTERS/File You may think high-stakes poker has little in common with your life and career. Annie Duke thinks you would be wrong. More »
Beauty expert Bobbi Brown in her home in New Jersey. Courtesy of Bobbi Brown/Photo by Alice Gao Lien Tan More »
People participate in a yoga class during the 14th Annual Solstice in Times Square event in New York, U.S., June 20, 2016. REUTERS/Shannon Stapleton Callan Olive is about as adult as you can get for a 26-year-old. More »
India Hicks – goddaughter to the Prince of Wales, granddaughter of Britain’s last viceroy in India and bridesmaid of the late Princess Diana – poses in this undated handout photo. Brittan Goetz via REUTERS By Cheryl Lu-Lien TanNEW YORK (REUTERS) – India Hicks ... More »
By Beth Pinsker NEW YORK Health Savings Accounts feature prominently in the new healthcare bill being considered by the U.S. House of Representative More »
Marcus Samuelsson, Chef and Restaurateur, Marcus Samuelsson Group and Maya Samuelsson arrive for the state dinner in honor of the Nordic Summit at the White House in Washington, May 13, 2016. REUTERS/Mary F. Calvert Lien Tan More »
FILE PHOTO: Larry King interviews Carlos Slim, President of the Carlos Slim Foundation and the Telmex Foundation, during ‘A Conversation with Larry King and Carlos Slim’ at the Milken Institute Global Conference in Beverly Hills, California April 29, 2013. REU... More »
By Beth Pinsker NEW YORK Tax season in the United States is off to a slow start.The number of people filing their taxes with the Internal R More »
A Jack Russell Terrier in a file photo. REUTERS/Leonhard Foeger Erik Hagen bought an interactive camera that dispenses treats to amuse his pets, but he is the one who has become addicted. More »
OPI co-founder Suzi Weiss-Fischmann. REUTERS/Courtesy OPI Lien Tan More »
BET co-founder Sheila Johnson. REUTERS/Photo by Drew Xeron/Courtesy Sheila Johnson Most people would be thrilled to succeed in one field. Sheila Johnson has triumphed in some remarkably different ones. More »
U.S. Governor of Colorado John Hickenlooper poses for photos in front of the Capitol in Havana, Cuba February 5, 2017. REUTERS/Alexandre Meneghini The road to the governor’s mansion is not always paved with public-service positions. Many state leaders got thei... More »
A woman counts U.S. dollars at a money changer in Yangon May 23, 2013. REUTERS/Soe Zeya Tun People often wonder what happens if you do not file your tax returns. Josh Kornbluth lived it. More »
Magician David Copperfield arrives at the Vanity Fair Oscar Party in Beverly Hills, California February 28, 2016. REUTERS/Danny Moloshok If you had to name just one person on Earth who is living his or her best life, David Copperfield would have to be among th... More »
Retirees play poker at a singles club in Sun City, Arizona, January 4, 2013. REUTERS/Lucy Nicholson Getting financial advice on complicated insurance products is, well, complicated. More »
A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. REUTERS/Lucy Nicholson/Files Lured by the promise of high pay for part-time work, Geovanie Rosario quit his day job three years ago and jo... More »
A florist arranges flowers in preparation for Valentine’s Day in Los Angeles February 10, 2012. REUTERS/Lucy Nicholson When it comes to romantic screwups, missing Valentine’s Day is about as bad as it gets. But what if you miss it on purpose? More »
A mortgage specialist speaks with a client at a JPMorgan Chase foreclosure consultation event in New York, in this March 31, 2011 file photo. REUTERS/Shannon Stapleton/Files Tired of the on-again-off-again tease of a government rule that would make financial a... More »
A child rides in a shopping cart on Black Friday at a store in Sao Paulo, Brazil, November 24, 2016. REUTERS/Nacho Doce Wondering why our kids are not so great with money? Just look in the mirror- it’s because adults are often financial train wrecks themselves... More »
Journalist Stephen J. Dubner, co-author of the books Freakanomics and SuperFreakonomics, speaks during the SkyBridge Alternatives (SALT) Conference in Las Vegas, Nevada May 11, 2011. REUTERS/Steve Marcus It might not make a lot of sense to our grandparents, bu... More »
Pamela Meyer, lie detector, speaks during Session 6: The Dark Side, during TEDGlobal, in Edinburgh, Scotland, July 13, 2011. Photo: James Duncan Davidson/TED to-last paragraph) More »
Handout photo of Anthony Sosnick provided by Anthony Brands. Anthony Brands via REUTERS By Cheryl Lu-Lien TanNew York (REUTERS) – When Anthony Sosnick was a real estate developer at the turn of the millennium, he took a little detour. More »
Entrepreneur John Paul Dejoria from ”Follow the Leader”, participates in a CNBC Primetime panel during the Television Critics Association (TCA) Cable Winter Press Tour in Pasadena, California, January 14, 2016. REUTERS/Danny Moloshok Most entrepreneurs dream o... More »
Barbara Sallick in an undated photo. REUTERS/Courtesy Waterworks Lien Tan More »
Writer James Patterson poses to promote the new movie ‘Alex Cross’ based on his novel ‘Cross’ at the Four Seasons in Los Angeles, California, October 6, 2012. REUTERS/Bret Hartman Writers need good stories to stoke their fiction. What better way to get materia... More »
Jim Kennedy chariman of Cox Enterprises. REUTERS/Cox Enterprises Vast family fortunes may be rare, but here is something even rarer: Family fortunes that last. More »
A couple tries to hold on to an umbrella flipped inside out at a sea front off the coast of the Arabian Sea, in Mumbai June 14, 2013. REUTERS/Danish Siddiqui When it comes to love, money has nothing to do with it. Right? More »
Tourists use a mobile phone to take a photo of the sunset in the town of Sliema in Valletta’s Marsamxett Harbour October 26, 2011. REUTERS/Darrin Zammit Lupi The stereotype of millennials living in their parents’ basements is well worn by now, but what about t... More »
A graduating student of the City College of New York wears a message on his cap during the College’s commencement ceremony in the Harlem section of Manhattan, New York, U.S., June 3, 2016. REUTERS/Mike Segar (The opinions expressed here are those of the author... More »
NEW YORK In a conservative suit and tie, Jim McCann does not look like a hippie. But the founder of 1-800-Flowers is using flower power to push a powerful social agenda. In June, McCann transitioned to the role of chairman of the company he founded 40 years ag... More »
NEW YORK It only took two days of the Pokemon Go craze to make Shama Diegnan start fearing for her wallet. The 11-year-old son of Diegnan, a digital marketer from South Orange, New Jersey, had on Monday downloaded the popular app, an augmented reality game in ... More »
(Note graphic language in 21st paragraph) By Chris Taylor NEW YORK Scooter Braun made his name as the man who discovered music phenomenon Justin Bieber nearly 10 years ago. Today, the talent roster of his management firm works with a number of big names, like ... More »
NEW YORKFormer supermodel Kathy Ireland has a very familiar face, but these days, it is her apparel and home furnishing brands that grab attention. For someone who was not taken seriously in the business world at first, Ireland now has a net worth of almost a ... More »
NEW YORK As crowdfunding sites like GoFundme.com and Indiegogo.com started to take off, New York City editor Brandon Wenerd was more than happy to donate to worthy causes, like the kid with stage-four kidney cancer who wanted to travel the world. Soon Wenerd, ... More »
NEW YORK While millennials have a lot to learn about managing money, a new survey shows a rosy picture of college students who are working, paying their bills on time without their parents’ help, avoiding debt and hungry for more knowledge. The survey released... More »
ZURICH A 15-year-old Swiss boy who five years ago turned in a 1,000-Swiss franc ($1,012) banknote that he had found in the street can celebrate a merry Christmas after no one claimed the money. “He was very happy. At 15, you know what to do with 1,000 francs,”... More »
LONDON A year after Mario Draghi said European Central Bank interest rates had reached bottom, euro zone money markets are discounting a fair chance they could be lowered again – regardless of rising interest rates across the Atlantic. The low bank-to-bank len... More »
(The writer is a Reuters contributor. The opinions expressed are his own.) By Chris Taylor NEW YORK (Reuters) – For parents who dream their child will become a prodigy and stun the world with their brilliance, Chloe Hui has a message for you: Be careful what y... More »
NEW YORK Traders priced in a more than 1-in-2 chance the U.S. Federal Reserve would raise interest rates in October after Atlanta Federal Reserve President Dennis Lockhart suggested the Fed could consider such a move. In over-the-counter trading, overnight ind... More »
NEW YORK Hey, remember that newsletter that let you sign up for a free trial? Didn’t think so. How about that old domain name you registered, or your kid’s gaming membership, or the magazine subscription that was initially offered as a freebie. Forgot about th... More »
BOSTON (Reuters) – CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The reason fo... More »
HONG KONG (Reuters) – Hong Kong’s Rugby Sevens is one of the most hotly anticipated corporate events on the global sporting calendar, but many money managers may be missing from this year’s quintessential party weekend at one of the world’s premier financial c... More »
NEW YORK (Reuters) – Morgan Stanley bid adieu to another senior executive who was thought to be on a list of potential successors to Chief Executive Officer James Gorman, but a new generation of CEO candidates is rising inside the bank. On Tuesday, Morgan Stan... More »
NEW YORK (Reuters) – When the president of Audi of America hits the road, most of his business journeys are more than a car trip away. Scott Keogh, who is based in Herndon, Virginia, travels regularly for work and has one favorite destination: Geneva. “Beyond ... More »
NEW YORK (Reuters) – The trustee recovering money for Bernard Madoff’s victims on Monday announced a settlement to recoup $93 million from a “feeder fund” that sent client money to the swindler’s firm, boosting the total sum raised to roughly $10.65 billion. I... More »
WASHINGTON (Reuters) – Senator Elizabeth Warren said Friday that the Labor Department should press ahead with brokerage industry reforms, and not be deterred by the Securities and Exchange Commission’s plans to adopt its own separate rules. President Barack... More »
NEW YORK (Reuters) – As the dollar surged in the last 12 months, David Marcus, head of the Evermore Global Value fund, steadily increased his stake in Europe. He now has 60 percent of his portfolio invested in companies in the euro zone, the largest stake amon... More »
NEW YORK (Reuters) – Born to a Cuban mother, Alexandra Wilkis Wilson spent summers in Miami, Florida, while growing up, speaking fluent Spanish and returning often as an adult. Today, Wilson, who is the co-founder of online luxury e-tailer Gilt.com, visits Mia... More »
WASHINGTON (Reuters) – U.S. housing finance companies Fannie Mae and Freddie Mac could require more bailouts from U.S. taxpayers as risks are rising due to shrinking reserves, an internal watchdog for the firms’ regulator said on Wednesday. Washington bailed o... More »
NEW YORK (Reuters) – Before headphones and speaker company Beats Electronics was sold to Apple for more than $3 billion, the company faced a crossroads: It had parted ways with partner Monster Electronics in 2012 and needed new manufacturing partners. Luke Woo... More »
SYDNEY (Reuters) – A group comprising KKR & Co, Varde Partners and Deutsche Bank are looking to securitize about A$7 billion ($5.33 billion) of debt they acquired from a unit of GE, three sources with knowledge of the matter said. The consortium said on Sunday... More »
NEW YORK (Reuters) – At more than 15 percent of his fund’s assets, John Burnham, manager of the $136 million Burnham Fund, has a larger stake in Apple Inc than any other diversified fund. “I think they are doing everything right and it’s still a cheap stock ba... More »
NEW YORK (Reuters) – U.S. authorities investigating potential manipulation of Herbalife Ltd’s shares by consultants working for billionaire investor William Ackman will find it difficult to prove that false statements were deliberately made to drive down the c... More »
BOSTON (Reuters) – A decision by Coca-Cola Co’s chief executive to decline his 2014 bonus did not go far enough, a well-known pay critic said Friday, indicating the company could face more scrutiny of its compensation ahead of its shareholder meeting this spri... More »
NEW YORK (Reuters) – Investors worldwide poured $5.2 billion into funds that specialize in European stocks in the week ended March 11, data from a Bank of America Merrill Lynch Global Research report showed on Friday. The inflows marked a ninth straight week o... More »
NEW YORK (Reuters) – Charles Schwab Corp’s first-quarter earnings per share are currently running about 1 cent lower than the 24 cents a share it reported in the first quarter of 2014. Chief Financial Officer Joe Martinetto attributed the drop to lower-than-ex... More »
NEW YORK (Reuters) – European stocks are poised to become the darlings of 2015 on the back of the European Central Bank’s 1 trillion-euro government bond-buying program. The ECB’s program, which began on Monday, will likely spur already surging demand for Euro... More »
ZURICH/HONG KONG (Reuters) – Credit Suisse (CSGN.VX) said it had hired Prudential (PRU.L) head Tidjane Thiam as the first African to lead a global investment bank, with the job of reviving a company reeling from U.S. penalties and under increasing regulatory s... More »
NEW YORK (Reuters) – The best performing technology fund since the peak of the dot com boom did it all without owning Apple Inc, whose soaring stock price has pushed the Nasdaq near a new record high. The $941 million Fidelity Select IT Services fund has retur... More »
NEW YORK (Reuters) – Investors pulled $18.5 million from Bill Gross’s Janus Global Unconstrained Bond Fund (JUCAX.O) in February, the first such cash withdrawal since the closely watched investor took on the portfolio in October, Morningstar said on Monday. Th... More »
WASHINGTON/NEW YORK (Reuters) – All 31 U.S. banks passed a test of how they would do in a next economic crisis, the Federal Reserve said on Thursday, but those with large trading books came out weak because of new elements in the check-up. The Fed had assumed ... More »
NEW YORK (Reuters) – It doesn’t matter if you are Michael Jordan, Peyton Manning or any other of the all-time sports greats: Even the most talented people on the planet need a coach. With that in mind, Reuters talked to four great coaches – Tony La Russa, Nick... More »
NEW YORK (Reuters) – A New York state appeals court on Thursday approved Bank of America Corp’s $8.5 billion settlement with mortgage securities investors in its entirety. The decision by the Appellate Division in Manhattan likely resolved one of the second-la... More »
ZURICH (Reuters) – Credit Suisse’s head of Swiss corporate and institutional clients, Barend Fruithof, is leaving the bank, according to an internal memo seen by Reuters, as part of a shake-up to draw the unit closer to its private bank’s strategy. Fruithof is... More »
BOSTON (Reuters) – Mutual fund companies, including No. 2 Fidelity Investments, have slashed fees on their most popular funds by shifting billions of dollars into collective trusts not regulated by the U.S. Securities and Exchange Commission. The growing shift... More »
NEW YORK (Reuters) – Pimco’s top investment officer said on Tuesday that “late decision makers” are largely behind a rush of withdrawals from its flagship bond fund some five months after the departure of longtime manager Bill Gross, but the outflows should ta... More »
CHICAGO (Reuters) – New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. But despite a price tag of $8.65 billion, the shift will addr... More »
NEW YORK (Reuters) – Jim Koch considers Munich a beer-lover’s paradise. The founder and chairman of Boston Beer Co, which brews Samuel Adams beer, heads to the region north of the city every year to select hops. Koch, 65, is drawn to Munich because beer drinki... More »
NEW YORK (Reuters) – Morgan Stanley, the biggest U.S. brokerage firm with more than 16,000 financial advisers, elevated Sara Furber to a new position as head of corporate and institutional wealth management and wealth management strategy, the company said in a... More »
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission may strip Vanguard Group, BlackRock Inc and State Street Corp, the oldest and biggest providers of exchange-traded funds, of an advantage they hold over newer rivals in how they assemble the shar... More »
NEW YORK (Reuters) – Warren Buffett, the billionaire chief executive of Berkshire Hathaway Inc, told investors on Saturday that the company had found his successor, and the company’s vice chairman, Charlie Munger, identified two Berkshire executives as candida... More »
NEW YORK (Reuters) – Warren Buffett wants to buy more businesses to add to Berkshire Hathaway Inc’s “sprawl,” but cautioned it may not keep the company he has run for 50 years from evolving into something rarely used to describe it up until now: average. In hi... More »
